I’ve been researching execution speeds for market orders across various trading platforms and wanted to share what I found. The response times can really vary between brokers.
Fastest execution times I discovered:
IC Markets: around 50ms
XM Group: roughly 65ms
FP Markets: about 75ms
FXCM: approximately 58ms
Exness: close to 62ms
Slower execution platforms:
Plus500: around 240ms
eToro: roughly 235ms
FxPro: about 215ms
Admiral Markets: approximately 228ms
Avatrade: close to 210ms
These numbers really show how much difference there can be when you’re placing trades. Has anyone else tested execution speeds with their brokers? I’m curious if these times match what other traders have experienced.
Testing execution times helps, but context beats raw numbers every time.
Just tried Exness - your 62ms matches what I’m seeing on standard accounts. Pro accounts hit around 45ms but you’ll pay with wider spreads.
Biggest game-changer for me was picking brokers that fit my style. Fast execution saved my scalping trades, but swing positions did way better with tight-spread brokers even at 150ms fills.
Test a few brokers with real money, not demos. Live execution’s completely different.
Tested three brokers last month with identical EUR/GBP trades during overlap hours.
XM hit around 70ms but kept partial filling my larger orders. Completely killed my momentum strategy.
IC Markets had the speed but spreads widened fast when volume spiked. Fine for small size, terrible for my usual 2-lot entries.
Stuck with a broker averaging 120ms that gave consistent full fills and stable spreads. Made more money despite slower execution.
Your research misses something crucial - test during your actual trading hours. Asian session performs differently than London open. Learned that the hard way switching brokers based on US session testing.
Speed doesn’t matter much unless you’re scalping. Most traders won’t see any difference between 50ms and 240ms on swing trades. What really counts is getting filled at the prices you see. Brokers can be lightning fast but still slip you 1-2 pips when news hits. Test how they handle crazy market times, not just their speed claims. Day trading? Anything under 100ms works fine. Watch their spreads and make sure they actually honor your stops.
Execution speed? Overrated for most traders. I see people freaking out about 50ms vs 200ms when they’re holding positions for hours or days anyway. The real killer is slippage during wild market moves. Your “fast” broker giving you 50ms fills but slipping you 2 pips? That costs way more than a 200ms broker with clean fills. Skip the speed tests. Test fill quality instead. Place the same trades with different brokers and compare what you actually got vs what you asked for. That’s how you find out who’s actually saving you money.
Those IC Markets numbers are spot on. I scalp EUR/USD during London session and consistently hit under 60ms fills.
Weird that FxPro was slow for you though. Switched from their standard to ECN account last year - execution dropped from 200ms to about 85ms. You might’ve tested their market maker accounts instead of ECN.
You missed something important - execution speed tanks during news events. IC Markets still holds up but even they spike to 150ms+ during NFP or rate decisions.
VPS location matters way more than people realize. Moved my EA from local to London VPS and cut another 20ms on average.
